Analysts Offer Predictions for Burberry Group plc’s FY2024 Earnings (OTCMKTS:BURBY)

Burberry Group plc (OTCMKTS:BURBYGet Rating) – Research analysts at Telsey Advisory Group issued their FY2024 EPS estimates for shares of Burberry Group in a research note issued on Wednesday, May 18th. Telsey Advisory Group analyst D. Telsey expects that the company will post earnings per share of $1.55 for the year.

A number of other analysts have also recently weighed in on the company. UBS Group cut their price target on Burberry Group from GBX 1,882 ($23.20) to GBX 1,836 ($22.63) in a research note on Monday, April 4th. Deutsche Bank Aktiengesellschaft lifted their target price on Burberry Group from GBX 2,250 ($27.74) to GBX 2,280 ($28.11) in a research report on Wednesday, January 26th. Zacks Investment Research cut Burberry Group from a “hold” rating to a “sell” rating in a research report on Thursday, April 7th. Morgan Stanley cut their target price on Burberry Group from GBX 2,000 ($24.65) to GBX 1,850 ($22.81) in a research report on Tuesday, April 12th. Finally, Kepler Capital Markets upgraded Burberry Group from a “hold” rating to a “buy” rating and lifted their target price for the stock from GBX 2,100 ($25.89) to GBX 2,280 ($28.11) in a research report on Thursday, January 20th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $1,383.86.

Burberry Group stock opened at $19.92 on Friday. Burberry Group has a 1-year low of $18.18 and a 1-year high of $32.17. The company has a debt-to-equity ratio of 0.27, a quick ratio of 2.03 and a current ratio of 2.60. The stock’s fifty day moving average is $20.71 and its two-hundred day moving average is $23.40.

About Burberry Group (Get Rating)

Burberry Group plc, together with its subsidiaries, manufactures, retails, and wholesales luxury goods under the Burberry brand. The company operates in two segments, Retail/Wholesale and Licensing. It offers women, men, and children apparels, as well as accessories. The company also licenses third parties to manufacture and distribute products using the Burberry trademarks.

See Also

Earnings History and Estimates for Burberry Group (OTCMKTS:BURBY)

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